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HILFX Hennessy Large Cap Financial Instl

9 lower fee alternatives found

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Fund HILFX Hennessy Large Cap Financial Instl FNCL Fidelity® MSCI Financials ETF KBWB PowerShares KBW Bank ETF  
Similarity
?
100% 89% 89%
Annual Fees
?
$126.92
(1.20% Exp. Ratio)
$8.88
(0.08% Exp. Ratio)
$37.02
(0.35% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.77% annual return
$37,426.31 $52,422.75 $48,393.58
Est. savings over 30 yrs +$14,996.44 +$10,967.27
Return
As of 10/31/16
1 YR RETURN -2.14%
3 YR 2.59%
5 YR 11.52%
10 YR 3.10%
1 YR RETURN 4.79%
3 YR 8.05%
5 YR --
10 YR --
1 YR RETURN 4.61%
3 YR 6.93%
5 YR --
10 YR --
Description
The investment seeks capital appreciation. The fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities of large-cap companies "principally engaged" in the business of providing financial services. The fund's manager considers a large-cap company to be one that has a market capitalization of $3 billion or more, measured at the time of purchase. It will not invest more than 5% of its total assets in the equity-related securities of any one company that derives more than 15% of its revenues from brokerage or investment management activities. The fund is non-diversified.
The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Financials Index. The fund invests at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Financials Index, which represents the performance of the financial sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Financials Index. The fund is non-diversified.
The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the KBW Nasdaq Bank Index. The fund generally invests at least 90% of its total assets in securities of national money centers and regional banks and thrifts that are listed on a U.S. national securities exchange and that comprise the underlying index. The underlying index is a modified-market capitalization-weighted index that seeks to reflect the performance of national money centers and regional banks and thrifts that are publicly traded in the U.S. The fund is non-diversified.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.

Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.

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